Monthly Archives: May 2012

In the Know: Latest DC Real Estate News

Two very interesting articles not to miss ….

Keeping the 20-somethings:  Jonathan O’Connell asks provocative questions about whether DC city planners can find ways to keep the droves of 20-somethings who have flocked to DC in recent years.  What will it take?  He says parks, playgrounds, family-friendly restaurants, better libraries…

Walkability:  The Brookings Institution received a lot of attention this week for an intriguing report connecting walkability to home values in DC neighborhoods.

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Eye Candy: San Francisco Victorian!

The infamous San Francisco Victorian – you’ve seen it in architecture books, tourism photos, of course on that endearing family drama Party of Five.

A recent Houzz feature finally takes us inside!  Check out this lovingly restored San Francisco Victorian.  If you love Victorians, this is for you!

I’m partial to the front parlor.  What do others like?

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How’s the Market? Washington DC March 2012

Check out this video for the  latest stats on the DC housing market.  A few highlights:

– Strong first quarter nationally and in DC on various economic indicators

– Inventory substantially lower this year compared to last

– Prices up from last year

It’s a good time to be active in the real estate market.  For buyers – interest rates and prices are relatively low.   For sellers – low inventory appears to be boosting prices.  Let me know if I can help you buy or sell!

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Color Library: Winter Wheat

Looking for a pale yellow without too much yellow?  Benjamin Moore’s Winter Wheat (232) is a great option – soft and airy, but not too muted.

Benjamin Moore offers some great coordinating colors for nearby rooms or accessories.

The walls in the room pictured and in the slide show below are painted Winter Wheat. Continue reading

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Real Estate Corner: DC market heats up!

WaPo did a great piece last Saturday on buyers’ experiences of the DC market.   Buyers find there are few good options and the good options are very competitive.

To get a property you have to be aggressive, strategic, and quick.  You might ask then, will I pay too much?

The mismatch between supply and demand does seem to be resulting in an increase in prices.  Urban Turf reported today that area home prices in April were 11.2% higher than one year ago.

With prices going up, you probably will pay more than buyers did last year. However, if the upward trend continues, you’ll pay less than buyers will in the future.  Bottom line, with interest rates still so low, I think it’s still a great time to buy.

For sellers, times are good:  lots of buyers, low inventory, and property values on the rise.   Yet, don’t forget – it’s pretty and well-priced properties that sell.

If you are looking to buy or sell, I’d love to assist you.  Contact me today for an initial consultation!

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Decorating Dilemma: How do I get that designer look when redoing a kitchen?

Redoing a kitchen is a great investment!  You get to enjoy it and it’s fantastic for resale later on.  Home buyers love a pretty kitchen!

Some tips for getting that designer look:

1) Glass doors & open shelves – a bank of solid doors looks bland.  Mix it up with some glass doors and/or open shelves.

2) Counter & cabinet combos – I believe in either sharp contrasts or very similar.   For example, cream and white cabinets look great with a light gray/white or a black counter  Wood cabinets look great with a light counter.  Resist the natural instinct to blend counters and cabinet colors.

3) Artwork – just because it’s a kitchen doesn’t mean you can’t hang art!  In fact, art in kitchens provides a pleasant surprise.  Check out this great feature Houzz did on art in kitchens!

4) Lighting – always do under cabinet lighting on a dimmer switch if you can afford it.  Avoid fluorescent lighting.

5) Appliance trick – get what’s called a “slide in” stove (see photo left).  Tell your counter company though so they can cut the grooves.

Did you find this helpful?  Have other ideas?  I’d love to hear your comments!

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